It’s downright impressive just how much friction BitPay managed to add to paying with lightning. The whole “bitpay verified” thing (which requires KYC at any amount and appears to be a totally made up requirement that no one else is even aware of) makes it totally impractical to use any EU BitPay merchant, which means I use bitcoin a hell of a lot less than I’d like.
Discussion
Just create a competitor to BitPay then :)
There’s already plenty of good ones! Competition isn’t the problem.
lmaoo idk why bitpay is still around
Sadly they appear to still be the default option for large businesses that don’t care about bitcoin but are happy to integrate it. A number of large providers use them :(
Any guesses why?
Is the integration technically easier? Is theresomee client support? Or is it the desire for overcompliance?
personally i see btcpay a lot more, but bitpay is sleeker and yeah probably easier to integrate
It makes very easy to accept crypto if your shop is running on e.g. shopify, you just have to enable it.
Sadly BTCPayServer only really works on chain. It has lightning, but without native LSP integration it’s not useful for serious operations or without a ton of work.
I’ve only encountered that feature once, at qeeq. anything useful that I’m missing out on?
Yeah it's not usable at all. If I try to pay bitcoin and end up at bitpay I'll just go back to payment options and use debit card. Even before the KYC bitpay were shit though as they'd send an email warning you if you had RBF or if the fees you used looked too low compared to thier fee estimate. Also there was the thing where they only wanted to use payment protocol and only support particular wallets, expecting you to tell them which you're using. Amazing that they've lasted so long.
This company hopefully goes bankrupt
I saw a shift occur in the years after btcpayserver started up, nowadays of the 10+ online merchants I that I use regularly, and accept Bitcoin, I think only 1 is limited to a bitpay option, and several have a btcpayserver interface; it used to be, pre-2017, that that list would have been dominated by them.
I certainly haven't used them since 2017 (maybe once or twice when I had really no choice, but that never happens now). They are indeed utterly appalling and it's insane to think that people are actually using that shit thinking that this is how cryptocurrency payments work ...
Yea, anything that cares about bitcoin uses something else, but eg Gandi, Vultr, etc don’t care, they just are willing to accept it, and it’s the default :(
